Mid-day Update… Still running circles.

Narrowing into late-afternoon.

This afternoon’s 1987.50 bias-up signal was probed during the noon hour up to 1992.00 resistance. Reacting down to 1878.00 avoided triggering bias-up. This is a no-bias environment.

A bounce back to 1987.50 has held. A brief reaction down is now trying recovering. Extending higher would be credible when the bias environment comes within view of lapsing at 2:15-2:20.

Exiting the bias environment in rally mode would target a probe above yesterday’s 1910.00 high to test 1913.00. That leg should be relentless, but not necessarily steep. Otherwise, not rallying out of the bias environment would be vulnerable to probing back into negative territory.